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Mar 21, 2013
03/13
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of deficit. that's the trade balance figures for february for japan. let's have a look at the opening levels for the nikkei and the topix. let me just remind viewers that before we broke off the nikkei went through a pretty volatile twodays due to uncertainties over the bailout plan and it gained 247 points on tuesday as the yen resumed its weakening friend against the euro and the dollar. it's up again today. we pretty much wiped out the losses from monday. we're in the positive so far. >> what can you tell us about currency levels? where do we stand this morning? >> the yen resumes its weakening trend and the euro a big focus are now at the lower 4 y levels. 124.14 to 17. this banking issue overshadows. it's rebounded. traders really taking a bet it will have less of an impact than originally thought earlier this week. i'm talking about monday. investors will be looking to see european pmi data. let's bring up the dollar/yen. that's trading right at the upper 95 yen levels. fed meeting wpped up
of deficit. that's the trade balance figures for february for japan. let's have a look at the opening levels for the nikkei and the topix. let me just remind viewers that before we broke off the nikkei went through a pretty volatile twodays due to uncertainties over the bailout plan and it gained 247 points on tuesday as the yen resumed its weakening friend against the euro and the dollar. it's up again today. we pretty much wiped out the losses from monday. we're in the positive so far....
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Mar 18, 2013
03/13
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FOXNEWSW
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make sure we have deficit reduction but don't cut too much too fast. take for scamel the sequestration. 700,000 american jobs will be lost. h is not the right time to do it. we have to phase this in and sequence it so we have economic growth and americans paying taxes. that really helps us recover. >> chris: senator corker, democrats and you just heard this sort of from dirk durbin but i heard it in more extreme forms from other democrats say it is more important to have economic growth than to deal with the national debt. your response? >> i think we should have economic growth and obviously we would like to see that happen and i think reducing the deficit helps cre create econoc growth. look, i think it is ridiculous to say that cutting $1.2 trillion over the next decade when we will spend $47 trillion of your money is a step too far. of course, we need to do that. and on top of that we need to build towards the entitlement reforms which obviously are creating the huge dent down the road. i think it was disappointing to all of us to have the presiden
make sure we have deficit reduction but don't cut too much too fast. take for scamel the sequestration. 700,000 american jobs will be lost. h is not the right time to do it. we have to phase this in and sequence it so we have economic growth and americans paying taxes. that really helps us recover. >> chris: senator corker, democrats and you just heard this sort of from dirk durbin but i heard it in more extreme forms from other democrats say it is more important to have economic growth...
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Mar 18, 2013
03/13
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then we address the long term budget deficit in a balanced way where we ask for shared responsibility as opposed to the republican plan which provides another tax break wind fall to very wealthy people at the end of everybody else. the expense of the middle class, the expense of commitments to seniors. so our focus right now is to number one, do no harm to the economy. number two, invest in a jobs plan that will help put people back to work. whether building roads or bridges or infrastructure or other things important to our economy. >> why will it take until 2040 to balance the budget under your plan? >> well, if you actually look at the past 40 years, we've only had four balanced budgets. those were during the clinton years and once leaning over to the bush years and then they squandered that balance. so the reason we do that is our focus is on jobs, craig. our focus is on meeting our commitments to seniors. we will not balance the budget on the backs of our kids' education or on the backs of our commitments to seniors. whether it is under medicare or medicaid. what we do is immedia
then we address the long term budget deficit in a balanced way where we ask for shared responsibility as opposed to the republican plan which provides another tax break wind fall to very wealthy people at the end of everybody else. the expense of the middle class, the expense of commitments to seniors. so our focus right now is to number one, do no harm to the economy. number two, invest in a jobs plan that will help put people back to work. whether building roads or bridges or infrastructure...
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Mar 23, 2013
03/13
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we shouldn't run a deficit at least one that is as large now. i think it's precarious and for the senators, democratic senators running for reelection in red states. that is why you saw four democratic senators they are all representing states that barack obama lost. >> gregg: speaking of debt and deficits, president obama said recently the debt is not an immediate problem, but by huge margins, americans disagree. 68% of them disagree with the president on that. they also think he is wrong with b something else. spending. this is a fox news poll. they think his top priority should be cutting spending to reduce the deficit, not spend more, taxpayer dollars to create jobs. is that why president obama seemed to have dropped the campaign for spending realize he is pushing his job ratings down and in the process driving away potential voters? >> i think there has been a sense over the last month or so, as you point out poll numbers have gone down. white house is not going to make a big campaigns go across the country asking for tax increases but that
we shouldn't run a deficit at least one that is as large now. i think it's precarious and for the senators, democratic senators running for reelection in red states. that is why you saw four democratic senators they are all representing states that barack obama lost. >> gregg: speaking of debt and deficits, president obama said recently the debt is not an immediate problem, but by huge margins, americans disagree. 68% of them disagree with the president on that. they also think he is...
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Mar 23, 2013
03/13
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because the bases shall -- of both parties are opposed to the essential elements, entitlement reform and deficit reduction. >> but the difference between this grand bargine and the one two summers ago would be that you're in a world where the deficit might naturally be declining as well the would that make any difference? >> the problem is i don't think you can -- you still have to have revenue for this to be acceptable. ches -- i think it's clear that there won't be increased rates. that's not going to happen. so can this happen? can they tackle tax reform? >> you are also saying medicare costs are beginning to level off. they don't know why, but it's happening. for the first time in years, the democratic senate is actually considering a budget and that means there is possibly a good chance there is going to be a conference committee between the republican house and the democratic senate on the budget that could provide another opening of a bit of a window to again put some of the bigger ideas on the table the gwen: it's also possible that the sequestration, the word i hate to use, but the acro
because the bases shall -- of both parties are opposed to the essential elements, entitlement reform and deficit reduction. >> but the difference between this grand bargine and the one two summers ago would be that you're in a world where the deficit might naturally be declining as well the would that make any difference? >> the problem is i don't think you can -- you still have to have revenue for this to be acceptable. ches -- i think it's clear that there won't be increased...
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Mar 20, 2013
03/13
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CURRENT
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the republican party is outraged over the deficits, although george w. bush never balanced a budget in eight years but of course these were freedom deficits. of a the credit card with no limit presidency of mr. bush, the credit card bill has arrived in your mailbox. it's called austerity. last decade, we had two wars off the books while cutting taxes for the wealthy. there are ways to fix our deficit, but don't hurt the poor and middle class a carbon tax creating capital gains and income. apparently we don't really hate
the republican party is outraged over the deficits, although george w. bush never balanced a budget in eight years but of course these were freedom deficits. of a the credit card with no limit presidency of mr. bush, the credit card bill has arrived in your mailbox. it's called austerity. last decade, we had two wars off the books while cutting taxes for the wealthy. there are ways to fix our deficit, but don't hurt the poor and middle class a carbon tax creating capital gains and income....
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Mar 20, 2013
03/13
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our focus is on jobs and the jobs deficit as a way to tackle the budget deficit. with that, i'm pleased to yield three minutes to my colleague and friend from maryland, the distinguished whip, mr. hoyer. the chair: the gentleman is recognized for three minutes. without objection, so ordered. mr. hoyer: i first want to thank the ranking member for the work that he's done on this budget. that he offers us an alternative. it is a reasonable alternative that can be implemented. to that extent it's a stark difference to the majority's proposal which will not be implemented and they know it. let me start with an observation. headline blunt report says g.o.p. needs to regroup for 2016. in that there is this sentence from the report, not from a democrat, not from the newspaper, not from an editorial writer, quote, we have become expert, we being the republican party report, we have become expert in how to provide ideological reinforcement to like-minded people. with all due respect to my friend, mr. ryan, that's what his budget is. it is a vision. it is a vision that will
our focus is on jobs and the jobs deficit as a way to tackle the budget deficit. with that, i'm pleased to yield three minutes to my colleague and friend from maryland, the distinguished whip, mr. hoyer. the chair: the gentleman is recognized for three minutes. without objection, so ordered. mr. hoyer: i first want to thank the ranking member for the work that he's done on this budget. that he offers us an alternative. it is a reasonable alternative that can be implemented. to that extent it's...
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Mar 25, 2013
03/13
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. >> our budget plan reduces the deficit without raising taxes. >> the republican plan is the same baby with a new diaper. >> we know that until recently president obama and israeli prime minister netanyahu enjoyed what can be politely described as a somewhat strained relationship. on april 7 of last year, the "new york times" reported benjamin netanyahu and mitt romney enjoyed a warm relationship. almost one year later, the israelis have given obama a medal. they appear to be on the same page on iran. >> diplomacy and sanctions have not stopped iran's nuclear programs. diplomacy and sanctions must be augmented by a clear and credible threat of military action. >> we will do what is necessary to prevent iran from getting the world's worst weapons. >> will this story have a happy ending? >> this story will not have a happy ending. what we saw this week was barack obama at his best, connecting with an audience, and he made a compelling case for the need for a two-state solution, the security of israel and the well- being of the region. >> charles? >> the emphasis has been on personality.
. >> our budget plan reduces the deficit without raising taxes. >> the republican plan is the same baby with a new diaper. >> we know that until recently president obama and israeli prime minister netanyahu enjoyed what can be politely described as a somewhat strained relationship. on april 7 of last year, the "new york times" reported benjamin netanyahu and mitt romney enjoyed a warm relationship. almost one year later, the israelis have given obama a medal. they...
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Mar 22, 2013
03/13
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of course is the press release deficit, it always changes later on. the actual amount of money this will cost, especially, if it's done correctly, which god forbid they've never done anything correctly before in terms of school closings. this will cost almost a billion dollars itself. so i don't believe any of this. rahm emanuel doesn't know the truth if it would slap him in the face. this is a military style campaign. school closings are based on closing military bases. it's also based on information coming from an unaccredited superintendent organization. but let me just say this -- in th they. >> they say these are poorly performing schools. they're not going to have to travel more than a mile to reach their new school. and any one traveling over an extra.8 of a mile will be bussed. so they're trying to -- >> you're also spending more money. and, again, they started out this conversation when they said they had to close schools by underutilization. they said we're not looking at performance this year. so what they do is constantly change the narrat
of course is the press release deficit, it always changes later on. the actual amount of money this will cost, especially, if it's done correctly, which god forbid they've never done anything correctly before in terms of school closings. this will cost almost a billion dollars itself. so i don't believe any of this. rahm emanuel doesn't know the truth if it would slap him in the face. this is a military style campaign. school closings are based on closing military bases. it's also based on...
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Mar 18, 2013
03/13
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they're not talking to me about the deficit. they want to know what we're doing as far as putting the american people to work. can you expound upon that for me please? ms. fudge: absolutely. i thank the gentlelady. what we have done in this budget, not only did we put in $13 billion for work force training, for job corps, for dislocated workers, retraining, segment training but in total we have almost $500 billion worth of job creation built into our budget. more than any budget, more than any budget, whether it be the democratic caucus, the white house budget or the republican budget. we have doubled down on jobs in the c.b.c. budget. ms. brown: thank you, madam chair. mr. horsford: continuing on, as the chairwoman of the c.b.c. just talked about, the congressional black caucus budget is an alternative budget for the fiscal year 2014. it puts forth a plan that reduces the deficit by $2.8 trillion over the next decade and creates millions of jobs through significant investments toward job creation that will accelerate our econom
they're not talking to me about the deficit. they want to know what we're doing as far as putting the american people to work. can you expound upon that for me please? ms. fudge: absolutely. i thank the gentlelady. what we have done in this budget, not only did we put in $13 billion for work force training, for job corps, for dislocated workers, retraining, segment training but in total we have almost $500 billion worth of job creation built into our budget. more than any budget, more than any...
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Mar 19, 2013
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what will that knowledge and deficit of experience mean? he definitely sees that his goal is that israel be a normal country than the middle class has a better quality of life, it sounds familiar to people here. the road to that is dealing with the palestinian issue. everything has to work this out. i don't know what that means. and it gave an interview and was quoted, when the reporter asked him about iran, he said, i have no clue. this is a guy on the inner sanctum of israel. he says, i have no clue. i just wonder how this constellation is going to configure itself. i would hope that a lot of time, the foreign diplomats, whether it is in europe, our country, that we spend a lot of time with these new people then be sitting around the table. the central factor, i don't want to go to mention the weeds, these two guys, bennet and lapid have the central access to the government. he is convinced to break that alliance the day after the election. he will do it and get a government more to his liking where he can keep his base. he found out that
what will that knowledge and deficit of experience mean? he definitely sees that his goal is that israel be a normal country than the middle class has a better quality of life, it sounds familiar to people here. the road to that is dealing with the palestinian issue. everything has to work this out. i don't know what that means. and it gave an interview and was quoted, when the reporter asked him about iran, he said, i have no clue. this is a guy on the inner sanctum of israel. he says, i have...
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Mar 20, 2013
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secondarily, if you say deficit reduction, the partisan are leeched out. we are talking about whether it will work to balance the budget. if along the way 35 million become uninsured, that's sad but we don't talk about it because cbo didn't mention it in the score. that's the great trick of paul ryan to recognize if you only talk about budget deficit, where does your budget put the deficit 20, 30 years from now, the amount of things you sneak in under that cloak that you can never put into the conversation in a serious way in normal times is tremendous. that's the central political innovation of his career. >> the favorite thing in the accounting discussion is compare the government to a family, saying you couldn't -- well, families do run debt, they cannot afford to buy their houses for cash, so they have a thing called a mortgage, which is the national debt of the family in effect. they try to oversimplify everything in this, but is there some break through in this point of republicans saying you know what, the debt isn't such a serious problem? >> there
secondarily, if you say deficit reduction, the partisan are leeched out. we are talking about whether it will work to balance the budget. if along the way 35 million become uninsured, that's sad but we don't talk about it because cbo didn't mention it in the score. that's the great trick of paul ryan to recognize if you only talk about budget deficit, where does your budget put the deficit 20, 30 years from now, the amount of things you sneak in under that cloak that you can never put into the...
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Mar 22, 2013
03/13
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can we have a safety net that survives and still reduce the deficit? paul ryan says no. >> at least budgets are passing around here for a change. the government's going to have to learn to do more with less, it's not the government's money, it's the people's money. >> the senate democrats are considering a number of balances ever-- >> and house committee chair paul ryan telling us republicans and democrats are still world's apart. well, that is an understatement. we saw that just an hour ago. the democratic-led senate defeating the ryan house budget 40-59. so is there any hope left? here is congressman paul ryan. >> great to see you. >> great it to see you again. >> greta: i want to talk about the budget that passed today, i imagine you're happy. >> we're very happy. we passed a balanced budget and it's important we owe the country a reasonable plan and grows the economy. balancing the budget is not just a statistical exercise it's the necessary means to a healthier economy, it creates more jobs and helps people keep more of hard earned money and a con
can we have a safety net that survives and still reduce the deficit? paul ryan says no. >> at least budgets are passing around here for a change. the government's going to have to learn to do more with less, it's not the government's money, it's the people's money. >> the senate democrats are considering a number of balances ever-- >> and house committee chair paul ryan telling us republicans and democrats are still world's apart. well, that is an understatement. we saw that...
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Mar 18, 2013
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paul ryan's plan calls for us getting out of the deficits in ten years. senator paul said, i can do it in five. what do you think of that? >> i think he could and he has put forward plans in the past that show he can. and like i said, going back to the communication factor. he knows how out of control the government is, whether it's sending money to people who are burning our flag or giving money to college students to come up with a menu how we'll eat on mars, and he has an ability to communicate with young people and voters as a whole what is important and what isn't. and we have seen him become a hybrid. he is a republican but has a libertarian base and ising which that republicans have been striving for but hasn't found the right candidate and right now rand paul looks like he is on his way. >> neil: obviously ruffled john mccain's feathers, and john mccain kind of apologized for how far this went. react to this. >> in an interview i said that senator paul and senator cruz were whack obirds. that was anyone appropriate and i apologize to them for sayi
paul ryan's plan calls for us getting out of the deficits in ten years. senator paul said, i can do it in five. what do you think of that? >> i think he could and he has put forward plans in the past that show he can. and like i said, going back to the communication factor. he knows how out of control the government is, whether it's sending money to people who are burning our flag or giving money to college students to come up with a menu how we'll eat on mars, and he has an ability to...
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Mar 21, 2013
03/13
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if the sequester stays in you've got over 3 1/2 trillion dollars of deficit reduction already so we don't have an immediate crisis in terms of debt. in fact for the next ten years it's in sustainable place. >> we do not have an immediate debt crisis, but we all know we have one looming. >> greta: turns out a majority of americans disagree with the president and the speaker of the house. a new poll showing, a fox poll, that 68% of americans describe the national debt as an immediate problem. only 27% say the debt can be handled in the future. mayor, what do you think? the speaker and the president don't think it's an immediate problem? >> i think the american people are far better economists than the people in washington. the reality we do have a serious debt problem. it's been accumulating now for four or five years. under obama it's been accumulating at massive amounts and there's no serious plan about cutting it. the numbers he was talking about, the cuts, many of which really aren't cuts at all, actually, he hasn't cut anything. he's reduced to some extent the rate of increase, but he
if the sequester stays in you've got over 3 1/2 trillion dollars of deficit reduction already so we don't have an immediate crisis in terms of debt. in fact for the next ten years it's in sustainable place. >> we do not have an immediate debt crisis, but we all know we have one looming. >> greta: turns out a majority of americans disagree with the president and the speaker of the house. a new poll showing, a fox poll, that 68% of americans describe the national debt as an immediate...
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Mar 23, 2013
03/13
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it's the worst deficit that we've had, and nobody knows. >> social security is easy to fix. you lift the cap right now if >>> predictions. pat. >> immigration reform passes the house. republicans kill it in the senate. >> eleanor. >>next state to legalize gay marriage. >> what state? >> illinois. >> susan. >> immigration reform is going to run into big trouble in congress. >> really. mort. >> what i think the economy is going to remain >>> i predict that president abi of japan trying to revitalize his economy by loosening its grip on inflation will overshoot. he will go into debt, it will go into debt
it's the worst deficit that we've had, and nobody knows. >> social security is easy to fix. you lift the cap right now if >>> predictions. pat. >> immigration reform passes the house. republicans kill it in the senate. >> eleanor. >>next state to legalize gay marriage. >> what state? >> illinois. >> susan. >> immigration reform is going to run into big trouble in congress. >> really. mort. >> what i think the economy is going...
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Mar 19, 2013
03/13
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speaker, our real deficit is unemployment. let's eliminate this true deficit by bringing the president's american jobs act to the floor for a vote. it deserves a vote. mr. speaker, our mantra should be jobs, jobs, jobs. the speaker pro tempore: for what purpose does the gentleman from indiana seek recognition? >> i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, the gentleman from indiana is recognized for one minute. >> mr. speaker, i rise today to honor an exceptional hoosier, dedicated public servant and a good friend of mine, martin. a man with a strong desire to help others and a man who has been a tremendous asset to the eighth district of indiana. martin has dedicated over 40 years of service to indiana, the eighth district, and to the republican party. he's currently serving his fourth term in elected office as county treasurer. he worked with many civic organizations and within the republican party, committee chairman and member of the eighth district central comm
speaker, our real deficit is unemployment. let's eliminate this true deficit by bringing the president's american jobs act to the floor for a vote. it deserves a vote. mr. speaker, our mantra should be jobs, jobs, jobs. the speaker pro tempore: for what purpose does the gentleman from indiana seek recognition? >> i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, the gentleman from indiana is recognized for one minute. >> mr....
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Mar 24, 2013
03/13
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KQED
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it's the worst deficit that we've had, and nobody knows. >> social security is easy to fix. you lift the cap right now if >>> predictions. pat. >> immigration reform passes the house. republicans kill it in the senate. >> eleanor. >>next state to legalize gay marriage. >> what state? >> illinois. >> susan. >> immigration reform is going to run into big trouble in congress. >> really. mort. >> what i think the economy is going to remain >>> i predict that president abi of japan trying to revitalize his economy by loosening its grip on inflation will overshoot. he will go into debt, it will go into debt >>> two closely watched u.s. supreme court cases are around the corner. for advocates and opponents for same-sex marriage. we will look at the issue as then mayor gavin newsom issued marriage licenses. we get an update from washington, d.c. for the preparations for the up coming hearings. >> they will be mindful of the limited role as judges to interpret existing law. >> plus, legal analysis on how the issues might be viewed on the highest court in the land. stay tuned for the
it's the worst deficit that we've had, and nobody knows. >> social security is easy to fix. you lift the cap right now if >>> predictions. pat. >> immigration reform passes the house. republicans kill it in the senate. >> eleanor. >>next state to legalize gay marriage. >> what state? >> illinois. >> susan. >> immigration reform is going to run into big trouble in congress. >> really. mort. >> what i think the economy is going...
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Mar 18, 2013
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if we can get people back to work, paying down the deficit. it's much better than an austerity budget. >> you're saying after two years things are definitely better now? >> things are definitely better now. the fiscal picture is brightening. things are brightening still. the last thing we want to do when the economy is poised to recover is throw another obstacle in the way. >> who are you calling for march madness? >> my team, stanford probably not having a shot. >> congressman schiff, thanks for stopping by. jim garrity says quote with st. patrick's hangovers and bracket fillings of march madness this isn't a productive day for our economy. with pantene. amazing pro-v formulas fight signs of damage for healthier, stronger, shinier hair. dare to take the pantene 5 signs challenge today. i took the dare. will you? pantene. daily moisture renewal. hair so healthy it shines. it fills you with energy... and it gives you what you are looking for to live a more natural life. in a convenient two bar pack. this is nature valley. nature at its most del
if we can get people back to work, paying down the deficit. it's much better than an austerity budget. >> you're saying after two years things are definitely better now? >> things are definitely better now. the fiscal picture is brightening. things are brightening still. the last thing we want to do when the economy is poised to recover is throw another obstacle in the way. >> who are you calling for march madness? >> my team, stanford probably not having a shot....
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Mar 22, 2013
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creating huge deficits. republicans deny care about deficit at all -- do not care about deficits at all. what they do care about is cutting government. to quote grover norquist, it can b t in a bath tu [indiscernible] they call it something else but it would destroy both programs. their goal is to destroy government. corporations paid on average 40% of profits for taxes. arey large corporations 12ing about fall% -- about %. they ryan budget would lower that further. millionaires with a $200,000 tax cut -- would get a 200,000 todollar tax curt. t. host: a tweet -- is true.at if you looked at the budget, we have not had in the great increase in spending since obama took office except the that the food stamps and unemployment insurance. except in food stamps and unemployment insurance. programs we have enacted that are designed to increase during recessions like unemployment andrance and food stamps some money comes into the economy so the recession does not turn into a depression. the large deficits occur beca
creating huge deficits. republicans deny care about deficit at all -- do not care about deficits at all. what they do care about is cutting government. to quote grover norquist, it can b t in a bath tu [indiscernible] they call it something else but it would destroy both programs. their goal is to destroy government. corporations paid on average 40% of profits for taxes. arey large corporations 12ing about fall% -- about %. they ryan budget would lower that further. millionaires with a $200,000...
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Mar 20, 2013
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and if we even need a grand bargain at this point since the peak in 2009, deficit is coming down. there is a new report out from president's council of economic advisors saying if we are able to hold medicare to growth rate over the past five years, it has actually been doing well and would go a long way to closing the budget gap. what are you looking for? do we even need a grand barring on right now? >> can couple of things. number one, i think it would be better if we had a grand bargain but i'm skeptical we would have one. give we give away money, about $1.2 trillion. everyone knows the tax code is a mess. economically inefficient. stacked off in times against the middle class. so if we can clean up the tax code that would be beneficial. second, healthcare issue is a very serious one. medicare costs are coming down but there's a demographic that awaits us. 10,000 folks a day are going on to medicare and it is not just medicare issue. it is a healthcare spending issue in this country that's tough on businesses, tough on individual. so if we can do something to help slow that rat
and if we even need a grand bargain at this point since the peak in 2009, deficit is coming down. there is a new report out from president's council of economic advisors saying if we are able to hold medicare to growth rate over the past five years, it has actually been doing well and would go a long way to closing the budget gap. what are you looking for? do we even need a grand barring on right now? >> can couple of things. number one, i think it would be better if we had a grand...
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Mar 22, 2013
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you want to call it, and $100 billion in stimulus spending in a budget you're trying to reduce the deficit. bill: i look forward to your show. >> exclusion sieve interview with rand paul irths he is living a quiet life these days. >> that's right. he is very much on the back burner. bill: thank you, chris. see you sunday morning. check out rand paul on sunday. heather. heather: the senate is expected to pick up the debate on the budget proposal from senator patty murray this week. it is due april 1st. it is almost four years, 1423 days, to be exact in case you're counting, since the senate last passed a budget resolution. that wasn't even a real budget. just a guideline. bill: you wonder, the point chris is making about senator corker, he says if the president goes out and sells it and give democrats cover when it comes to the enlightment idea perhaps he brings the two sides together. but as they stand right now they are miles apart. heather: miles apart. bill: three years since the president's controversial health care law was signed into law. and remember this. >> we have to pass the bil
you want to call it, and $100 billion in stimulus spending in a budget you're trying to reduce the deficit. bill: i look forward to your show. >> exclusion sieve interview with rand paul irths he is living a quiet life these days. >> that's right. he is very much on the back burner. bill: thank you, chris. see you sunday morning. check out rand paul on sunday. heather. heather: the senate is expected to pick up the debate on the budget proposal from senator patty murray this week....
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Mar 21, 2013
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this year, the democrat deficit would be 164 billion dollars bigger than the republican deficit. and next year, 308 billion dollars, just to give you a sense of it, by 2015 the republican deficit would be down to 125 billion and the democrat deficit 433 billion. there's a big indication of the difference between the parties when you look at the budgets of the budget blueprints of the republicans in the house and the democrats in senate and republicans want to restrain spending and democrats want to continue to blow up the budget and eventually, over the decade add 1 trillion dollars of new taxes. >> sean: yeah, so 1 trillion in new taxes over ten years, a trillion dollars, this is like they know no other way, all right? that's point one, but yet, they still will give us almost trillion dollar deficits as far as the eye can see throughout the entire ten-year period. here is the big issue though, i want to see obamacare repealed, but it's not going to happen through paul ryan's budget plan. the republicans, if they want that to happen, to get ryan's plan through, they're going to h
this year, the democrat deficit would be 164 billion dollars bigger than the republican deficit. and next year, 308 billion dollars, just to give you a sense of it, by 2015 the republican deficit would be down to 125 billion and the democrat deficit 433 billion. there's a big indication of the difference between the parties when you look at the budgets of the budget blueprints of the republicans in the house and the democrats in senate and republicans want to restrain spending and democrats...
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Mar 19, 2013
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the budget presented by the deficit majority makes no effort to reduce deficits, reduce spending, balance the budget or grow the economy. instead, this budget seeks to grow government by taxing more and spending more. it's time that we all recognize that government exists to serve the needs of the people rather than people serving the needs of their government. there are some who believe that government is the only creator of economic prosperity, and if others have achieved success, they must be by default the cause of others' hardships. this type of glass warfare, demagoguery as it is, is harmful to america and our future. it seeks and does divide america. the budget presented by the deficit majority is partisan business as usual. it will tax success by adding another trillion dollars. it increases government spending, it ignores the subject of our health care entitlements, and this whole approach is simply not good for advancing america's economy. it places no priority on ever bringing our budget into balance the deficit majority speaks at length about growing the economy and creating a
the budget presented by the deficit majority makes no effort to reduce deficits, reduce spending, balance the budget or grow the economy. instead, this budget seeks to grow government by taxing more and spending more. it's time that we all recognize that government exists to serve the needs of the people rather than people serving the needs of their government. there are some who believe that government is the only creator of economic prosperity, and if others have achieved success, they must...
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Mar 26, 2013
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also, i'm in favor of bringing our budget deficit under control. those kind of things i believe would resonate with the american people. cenk: president jimmy carter, thank you so much for joining us. i've enjoyed it. >> i've enjoyed being with you. cenk: there's a lot i agree on, but the last answer is not one of them. i don't believe that a person as progressive as jimmy carter could possibly win a democratic primary these days, if he didn't have a billion dollars behind him, i think that there's no way in the world the democrats would back a guy who is that fundamentally decent and progressive. i'm keeping it real. by the way i love what they do at the carter center in terms of saying hey, we are going to try things that are really hard, even if it means we might be able to fail. that's how you build a legacy, not by being afraid, by being aggressive in fighting all the decent battles. there's a lot to respect about president jimmy carter and it was great to sit down with him. when we come back, i'll talk to michael hastings, a c.i.a. agent that
also, i'm in favor of bringing our budget deficit under control. those kind of things i believe would resonate with the american people. cenk: president jimmy carter, thank you so much for joining us. i've enjoyed it. >> i've enjoyed being with you. cenk: there's a lot i agree on, but the last answer is not one of them. i don't believe that a person as progressive as jimmy carter could possibly win a democratic primary these days, if he didn't have a billion dollars behind him, i think...
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Mar 24, 2013
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between those who are saying we have to go with growth right now, to we have to handle this debt and deficit thing. another is that i think the republican party has to make clear what its foreign policy is. it has had two wars for the past 12 years, people are still settling in and thinking, the voters have said, we don't like that. we're not for that. the republican party has to make clear what it stands for and it is going to have a little bit of debate to get there. those two big things and the policies that spring from them will make all of the difference, so will an eventual compelling presidential candidate. somebody who is involved right now. at the end of the day, it's the candidates who resolve a lot of unresolved things by taking a stand and speaking forcefully for it. >> that was bill clinton after walter mondale lost it. after jimmy carter lost. we had a dynamic governor who was reformed minded and brought those issues into the national forefront. he really helped recharge the democratic party. you know, the republican party is out to lunch. i watched cpac, karl. karl was a forme
between those who are saying we have to go with growth right now, to we have to handle this debt and deficit thing. another is that i think the republican party has to make clear what its foreign policy is. it has had two wars for the past 12 years, people are still settling in and thinking, the voters have said, we don't like that. we're not for that. the republican party has to make clear what it stands for and it is going to have a little bit of debate to get there. those two big things and...
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Mar 20, 2013
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number two, even if you close the deficit. this is my major concern, you're stabilizing the debt at levels we have never lived. so you are basically saying, hey, i'm happy playing russian roulette with the economy for the next 20 years, i think that's a disservice, and i think we have to be more aggressive in debt reduction for that year. >>> i think it's a brought indictment for anyone who pushes back as being somehow -- with their head buried in the sand and incapable of understanding that we do perhaps have to do something in terms of reforming the social safety net. whether that's means testing or increasing the capacity, being the limit -- i don't questions your commitment or compassion. i question your willingness to run for office to do this. >> there is no way i'm running for office. in ways i can't detail on this program. we will have you back and i had bring my calculator and disprove all your hard right-wing theorems. it's gra the to have you on the program. >>> you say pathway, rand paul says probation, at least he
number two, even if you close the deficit. this is my major concern, you're stabilizing the debt at levels we have never lived. so you are basically saying, hey, i'm happy playing russian roulette with the economy for the next 20 years, i think that's a disservice, and i think we have to be more aggressive in debt reduction for that year. >>> i think it's a brought indictment for anyone who pushes back as being somehow -- with their head buried in the sand and incapable of...
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Mar 23, 2013
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the government would still be in a deficit after ten years. senator patty murray argues the plan creates jobs and economic growth but, of course, during the process, patience did run thin. >> madam president, madam president, madam president. >> senate will come to order. >> madam president, the senate is not in order. i flow's a lot of march madness going on. we would like to keep it calm on the floor so that senators can be heard. >> reporter: the white house recently passed -- excuse me, the house recently passed the ryan budget plan which includes a $4.6 trillion deficit reduction over the next decade. these budget plans are resolutions are not bills. this week, congress did pass a continuing resolution bill which actually funds the government for the next six months. we did hear from white house press secretary jay carney, responding to today's news in a statement and reading, in part, "like the president's plan, the senate budget cuts wasteful spending, makes tough choices to strengthen entitlements and eliminates special tax breaks and
the government would still be in a deficit after ten years. senator patty murray argues the plan creates jobs and economic growth but, of course, during the process, patience did run thin. >> madam president, madam president, madam president. >> senate will come to order. >> madam president, the senate is not in order. i flow's a lot of march madness going on. we would like to keep it calm on the floor so that senators can be heard. >> reporter: the white house recently...
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the miami heat fought back from a 27-point deficit to beat the cleveland cavaliers extending their winning streak to 24 games. they have nine to go before tying -- >> unbelievable -- >> all-time -- you should have been sleeping instead of watching. too good. >> there's history to be seen. >>> finally imagine being 9 years old and having a dinosaur species named after you. well, daisy morris doesn't have to imagine. a few years back she uncovered a fossil on an england beach and scientists eventually concluded it was an unknown species of flying dinosaur and look at the name they have given it, vectidraco daisymorrisae. she is so passionate. one expert said her bedroom looks like a natural history museum with all the fossils. how about that for show and tell. >> robin? >> that's great. >> okay, you two. >>> now to what could be a major breakthrough in the fight against cancer. we're very excited about this. in a clinical trial patients' own immune cells were altered to fight a deadly form of leukemia. one patient is said to be cancer-free after just eight days of treatment. abc's chief medi
the miami heat fought back from a 27-point deficit to beat the cleveland cavaliers extending their winning streak to 24 games. they have nine to go before tying -- >> unbelievable -- >> all-time -- you should have been sleeping instead of watching. too good. >> there's history to be seen. >>> finally imagine being 9 years old and having a dinosaur species named after you. well, daisy morris doesn't have to imagine. a few years back she uncovered a fossil on an england...
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Mar 20, 2013
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it kills jobs, stifles growth and adds to the deficit. all while making life harder for seniors, women, children and the most vulnerable in our society. the math of the budget just does not add up. simple arithmetic tells you that the only way to pay for mr. ryan's proposed tax cuts for the fortunate few is to eliminate many of the deductions that middle class families count on to pay for housing and health care and to save for their retirement. the ryan tax plan would further burden those who are struggling by substantially lowering taxes for the most fortunate and that's not spend, that's just plain math -- spin, that's just plain math. the vision this budget offers of america is tuth totally at odds -- is totally at odds with who we claim to be. it's a vision of the country where the government is indifferent to the suffering of many while only paying attention to the demands of a few. then there is the other plan that is before us, the democratic plan. with a balanced set of priorities, a better vision for the future, found in the bud
it kills jobs, stifles growth and adds to the deficit. all while making life harder for seniors, women, children and the most vulnerable in our society. the math of the budget just does not add up. simple arithmetic tells you that the only way to pay for mr. ryan's proposed tax cuts for the fortunate few is to eliminate many of the deductions that middle class families count on to pay for housing and health care and to save for their retirement. the ryan tax plan would further burden those who...
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Mar 20, 2013
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they've been talking about debt, deficit, austerity, cuts, and then they say that you're just outrageous or a kook if you don't buy their line. one of the reasons they've shot so much our way is because we are not afraid, we believe that we're going to stand up and stand for what we believe? >> well, let's really focus on kookism now because your budget includes more money for food assistance program. >> right. >> when michele bachmann shoek at cpac on saturday she made a gross falsehood, a claim about money for poverty programs winding up in the hands of bureaucrats. let me read how "the washington post" concludes its four pinocchio ruling on that claim. so bachmann yet again earns four pinocchios but there really aren't enough pinocchios so such misleading use of statistics in a major speech. sir, if there is one kook in that house, she surely must qualify. >> well, you know, she is standing up for her ideological position, which is -- >> congressman, she's telling lies. that's not an ideological position, that's an outright lie. >> true, martin, but it does sort of advance what argume
they've been talking about debt, deficit, austerity, cuts, and then they say that you're just outrageous or a kook if you don't buy their line. one of the reasons they've shot so much our way is because we are not afraid, we believe that we're going to stand up and stand for what we believe? >> well, let's really focus on kookism now because your budget includes more money for food assistance program. >> right. >> when michele bachmann shoek at cpac on saturday she made a...
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Mar 21, 2013
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being a deficit hawk, we're going broke. we won't be able to pay our bills. that's pretty immediate. what we have to do is, i mean, long term, look toward a more steady state sustainable economic policy rather than always looking toward the next crisis just to get us through moment. >> is that really true though that we don't think in stories anymore? to me stories and story telling are so central to human beings and the way we think about the world, our lives, our trajectories. has technology really changed that? >> i don't know if technology has changed it. we did not have history until we had text. we didn't have -- >> we had stories before we had text. >> not the same way. we did not have human history. we did not have the idea of judeo-christian progress. we did not have contract that's created accountability in the future. >> didn't we have an oral tradition before we had written text? >> we did. but those stories were very circular. very different kinds of stories. they were not we are a people marching toward this end. that we're going to make things
being a deficit hawk, we're going broke. we won't be able to pay our bills. that's pretty immediate. what we have to do is, i mean, long term, look toward a more steady state sustainable economic policy rather than always looking toward the next crisis just to get us through moment. >> is that really true though that we don't think in stories anymore? to me stories and story telling are so central to human beings and the way we think about the world, our lives, our trajectories. has...
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Mar 19, 2013
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guest: debt and deficit. i voted against the solution for the fiscal cliff because the headlines would say the fiscal cliff is avoided, and there were three elements. we did not avoid any of them. we raise taxes on every american. we put sequestration down the road and we did zero on deficit problems. we are facing total economic chaos if we are not careful. host: republican caller. pennsylvania. caller: in response to the fiscal cliff, i find him very -- i do not know, i do not believe what he is saying. he is talking about a fiscal cliff, but you want us to accept the people here illegally and give them something they have not earned. i do not understand what republicans are doing. i am a conservative. i do not want amnesty. i do not want them here. host: you might have missed what the congressman said earlier. i will let him respond. guest: what she is saying is she does not want amnesty, and under president bush he had a strong amnesty plan and i said i would not back it. total amnesty like the one presid
guest: debt and deficit. i voted against the solution for the fiscal cliff because the headlines would say the fiscal cliff is avoided, and there were three elements. we did not avoid any of them. we raise taxes on every american. we put sequestration down the road and we did zero on deficit problems. we are facing total economic chaos if we are not careful. host: republican caller. pennsylvania. caller: in response to the fiscal cliff, i find him very -- i do not know, i do not believe what he...
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we have cut already huge amounts of money in deficit reduction. it's just not appropriate. all right. mr. president, that our military can't train and do the maintenance necessary, tieing it directly into the sequester. these men and women, our marines, were training here in hawthorne and with this sequester is going to cut this stuff back. now, beckel, please, he is he doing -- is he exploiting, is he making the sequester the issue in the training accident. >> let me say one thing to you. he may be exploiting it but, o'reilly, here is the difference. he did not say -- you read that thing. did he not say -- he said in the future this could be a similar situation could happen. >> bill: he didn't say the future. >> he did not link the two of these together. it's semantics. let's not waste the time. his timing was bad. his timing was terrible. >> bill: when the email come in i guarantee you it's going to be 100 to 1 against you on that issue. >> what else is new? >> bill: not going to have anything to do with politics. people hear what is said. >> i understand that. >> bill: t
we have cut already huge amounts of money in deficit reduction. it's just not appropriate. all right. mr. president, that our military can't train and do the maintenance necessary, tieing it directly into the sequester. these men and women, our marines, were training here in hawthorne and with this sequester is going to cut this stuff back. now, beckel, please, he is he doing -- is he exploiting, is he making the sequester the issue in the training accident. >> let me say one thing to...
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Mar 18, 2013
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deficit reduction i would put as the second priority and one that is coupled with economic growth the so i think we can do both. make sure we have deficit reduction but don't cut too much too fast. >> reporter: bottom line, bill, american people are seeing this over and over again. republicans and democrats fighting on both sides of the aisle and perhaps, they can come together for a grand bargain but just doesn't appear to be the case right now. as they grapple with the budget, keep in mind that two weeks away they have to come up with a continuing resolution by march 27. bill: as ryan says, at least there is baseline for comparison between the two sides. we'll get into that in just a moment here. thank you, kelly wright on the north lawn. martha. martha: the senate then is expected to pick up the debate over the budget proposal from senator patty murray this week. that is due on april the 1st. for a little bit of background and context here, it has been four years, 1419 days to be exact since the last time that the senate passed a budget resolution. that is not a budget. just sort o
deficit reduction i would put as the second priority and one that is coupled with economic growth the so i think we can do both. make sure we have deficit reduction but don't cut too much too fast. >> reporter: bottom line, bill, american people are seeing this over and over again. republicans and democrats fighting on both sides of the aisle and perhaps, they can come together for a grand bargain but just doesn't appear to be the case right now. as they grapple with the budget, keep in...
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it is balanced in terms of making sure we move to responsibly managing our debt and deficit, getting our deficit down to less than 3% of the gdp, as every economist in the bowls simps simpson, all the gang of six have focused us on doing, but also make sure we make that investments to keep our middle class strong. >> the point of our budget is to make sure that we show that we have a ten-year plan, if we can put it into place, we will get our economy moving again, we will begin to manage our debt, and we will quit doing this management by crisis where every time we turn around, the republicans say they'll shut the government down if we don't cut more. we need to have a responsible plan. that is what i'm putting forward. it's what the democrats are supporting today, and i'm very proud of it. i think this shows the american people with can manage our country wisely. >>> before you go to the floor, i wanted to quickly ask about the assault weapon ban. harry reid has decided not to put it in the gun legislation. dianne feinstein is angry, deeply disappointed, still wants a shot at it. wh
it is balanced in terms of making sure we move to responsibly managing our debt and deficit, getting our deficit down to less than 3% of the gdp, as every economist in the bowls simps simpson, all the gang of six have focused us on doing, but also make sure we make that investments to keep our middle class strong. >> the point of our budget is to make sure that we show that we have a ten-year plan, if we can put it into place, we will get our economy moving again, we will begin to manage...
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Mar 18, 2013
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during the last 40 years there have been only four budgets without deficits. the last three clinton budgets and the one that george bush inherited from bill clinton. in each case taxes as a percentage of the total economy were over 20%. in this republican fantasy land budgets are balanced with revenues at 19% of the economy, yet meeting the needs of 78 million more seniors and a infrastructure deficit that is growing as america is falling apart. clearly this is not remotely possible if we are going to enjoy anything like our current quality of life. there is a real world intersection of budget saving opportunities with potential areas of agreement. health care reform is one. but not just by shifting the burden to seniors and disabled as the republicans propose in their fantasy budget. my home state of oregon is the middle of an exciting demonstration of how to squeeze out the waste we all know is there and realign incentives. instead of the empty ritual of pretending to repeal obamacare, let's work together to accelerate reform for all americans. if the oregon
during the last 40 years there have been only four budgets without deficits. the last three clinton budgets and the one that george bush inherited from bill clinton. in each case taxes as a percentage of the total economy were over 20%. in this republican fantasy land budgets are balanced with revenues at 19% of the economy, yet meeting the needs of 78 million more seniors and a infrastructure deficit that is growing as america is falling apart. clearly this is not remotely possible if we are...
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Mar 21, 2013
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more revenue in than any year in our history, and yet we will still have a trillion- dollar budget deficit. does not anybody realize there is a problem here? >> i understand you met with some of your senators and members on the issue of benghazi. [indiscernible] republicans planning further review? are you planning more subpoenas? >> there are members who wanted to compare notes on what we know and what we do not know. frankly there is a lot we still do not know. it was a friendly exchange of information, and some decisions about a way forward. [indiscernible] on what happened prior to september 11, what actually happened on september 11, and then why it was described for weeks as some think it was not, when the people who were watching this knew it was a terrorist attack. . included cushions for programs like border control to help them get by this question, but it does not do anything to prevent layoffs for traffic controllers per couldn't congress have done more for leaving -- before leaving on its recap -- on its recess the prevent these layoffs? but listen, under this bill, some agenc
more revenue in than any year in our history, and yet we will still have a trillion- dollar budget deficit. does not anybody realize there is a problem here? >> i understand you met with some of your senators and members on the issue of benghazi. [indiscernible] republicans planning further review? are you planning more subpoenas? >> there are members who wanted to compare notes on what we know and what we do not know. frankly there is a lot we still do not know. it was a friendly...
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economists point to concern about the debt and deficit. uncertain effects of the obamacare. especially the weight of tax increases. >> it's negative for economic growth overtime. global economy, we compete, with many other nations. part of the competition is taxes. >> conservative critics argue big government fools itself to thinking taxing and spend willing make the economy grow. >> it assumes you take money from the economy right pocket and put in the left pocket and manualicly you more money. >> administration defenders, though, look at it differently. >> under normal circumstances, you don't want the government intervening. in the circumstances where we have the weak demand this is a good time for the government to step in. >> even though who want to spend less would increase spending at lower rate. >> bret: house lawmakers vote down budget proposals as an alternative to g.o.p. plan put forward by paul ryan. senators approved a stop gap spending plan. continuing resolution to keep the government funded after the end of the month. senate has, now it heads to the house. am
economists point to concern about the debt and deficit. uncertain effects of the obamacare. especially the weight of tax increases. >> it's negative for economic growth overtime. global economy, we compete, with many other nations. part of the competition is taxes. >> conservative critics argue big government fools itself to thinking taxing and spend willing make the economy grow. >> it assumes you take money from the economy right pocket and put in the left pocket and...
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american people, including the majority of self-identified republicans that we can move forward on deficit reduction in a balanced way. >> bret: senior political analyst brit hume in miami tonight with thoughts on the charm offensive. good evening, you look sun-shiney in miami. >> life is good here, bret. you should come. i hope you will be here soon. >> bret:ly indeed. what do you think of the charm offensive? >> well, it was a remarkably sudden conversion by the president from an attitude of, you know, up yours. i don't need you, to i want to get together to talk with all of you. of course, the leaders in the, the republican leaders in congress who are smart enough not to act skeptical about it. they said they thought it was fine and good. more the better. but i think in the end, you have to ask a question, bret. simply this. is it likely that president obama will make any major concessions on the entitlement programs, without more new taxes? and the other side of that, of course, will republicans be willing to go along with more new taxes to get reform in entitlement programs. unless yo
american people, including the majority of self-identified republicans that we can move forward on deficit reduction in a balanced way. >> bret: senior political analyst brit hume in miami tonight with thoughts on the charm offensive. good evening, you look sun-shiney in miami. >> life is good here, bret. you should come. i hope you will be here soon. >> bret:ly indeed. what do you think of the charm offensive? >> well, it was a remarkably sudden conversion by the...
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so we're right there in a balanced approach for deficit reduction. where the republicans, it was the same thing that romney ryan were proposing before. talk about lessons learned. they may have learned some lessons on immigration reform. they're totally stuck in their own mud when it comes to the budget. >> on the sequester, it seems that for all intents and purposes that will continue to be the law of the land. we're going to pass a government funding bill out of congress. hopefully by the end of this week to avert a government shutdown on march 27th. you mentioned on the conference call two days ago that there really, or yesterday, rather, there's probably no, there's nothing to avert the sequester or replace it, unless there's a large-scale agreement put in place by perhaps the president and speaker boehner by august. is that the truth? should americans really feel that the sequester is here to stay? at least through the rest of this fiscal year? >> well, yeah, there two questions there. unfortunately, it looks like it's here to stay, at least for
so we're right there in a balanced approach for deficit reduction. where the republicans, it was the same thing that romney ryan were proposing before. talk about lessons learned. they may have learned some lessons on immigration reform. they're totally stuck in their own mud when it comes to the budget. >> on the sequester, it seems that for all intents and purposes that will continue to be the law of the land. we're going to pass a government funding bill out of congress. hopefully by...